Bipartisan plan would make it easier for companies to raise money in public markets; fate in Senate uncertain

WASHINGTON—The House on Tuesday overwhelmingly approved a package of deregulatory measures aimed at making it easier for smaller companies to raise money in public markets.

The legislation, which passed the House on a 406-4 vote, is the latest installment of provisions designed to boost the number of companies that turn to financial markets for capital. The Securities and Exchange Commission is working on many of the measures in the bill.